while nothing is foolproof, here is how to greatly increase your chances re used cars
- stay away from a used car dealership (alot of these are accident cars fixed sloppily for a quick profit)
- look for private sales, chances are you can find the seller on Linkln, facebook (maybe you have mutual friends) - it can (but not always) help you figure out of the are the honest type of seller.
- stick with japanese cars (ie toyota)
- get a sedan not an suv (suv's hold value unnaturally due to the demand for them while nobody wants sedans anymore so they still depreciate 'normally')
- look for basic cars, normally aspirated engines - nothing turbocharged or hybrids or too performance oriented. all the fancy features have a much greater chance of breaking
- get cars that are mostly dealer serviced (make sure to get all the paperwork)
- with the maintenance paperwork above, you can easily see if the car was neglected or not re maintenance which will give you an decent indicator of future reliability
- make sure to ask for accident history (ask for carproof) - avoid accident cars
- buy cars with substantially lower then avg milage (ie. keep in mind an average person in toronto drives 20,000km a year, so look for the ones that are driven half of that if possible). if the car is old enough, the lower milage wont be able to command a better price for the seller (10 years old), but it will help the car sell. based on your budget i am guessing you are looking for 10+ year old cars.
- have a body shop friend or know what to look for when inspecting a cars in person. look for things like even body line gaps, and diff paint colors across body panels that are dead obvious signs of a sloppy collision repair. im sure there are videos on youtube that explain this, it's easy to learn.
- compare pricing and negotiate pricing only if the above checks out - use autotrader/kijiji as a decent guide to avg out if the asking price is fair or not.
- gta isnt always the easiest to score the best deal on a used car, but 100+km out there are ALOT less cash buyers for good quality under driven cars - expand your search parameters.
based on your criteria, with patience you should be able to get a decent camry/corolla about 10 years+ in age that should last you a reasonable amount of years with reasonable/typical maintenance required.
- stay away from a used car dealership (alot of these are accident cars fixed sloppily for a quick profit)
- look for private sales, chances are you can find the seller on Linkln, facebook (maybe you have mutual friends) - it can (but not always) help you figure out of the are the honest type of seller.
- stick with japanese cars (ie toyota)
- get a sedan not an suv (suv's hold value unnaturally due to the demand for them while nobody wants sedans anymore so they still depreciate 'normally')
- look for basic cars, normally aspirated engines - nothing turbocharged or hybrids or too performance oriented. all the fancy features have a much greater chance of breaking
- get cars that are mostly dealer serviced (make sure to get all the paperwork)
- with the maintenance paperwork above, you can easily see if the car was neglected or not re maintenance which will give you an decent indicator of future reliability
- make sure to ask for accident history (ask for carproof) - avoid accident cars
- buy cars with substantially lower then avg milage (ie. keep in mind an average person in toronto drives 20,000km a year, so look for the ones that are driven half of that if possible). if the car is old enough, the lower milage wont be able to command a better price for the seller (10 years old), but it will help the car sell. based on your budget i am guessing you are looking for 10+ year old cars.
- have a body shop friend or know what to look for when inspecting a cars in person. look for things like even body line gaps, and diff paint colors across body panels that are dead obvious signs of a sloppy collision repair. im sure there are videos on youtube that explain this, it's easy to learn.
- compare pricing and negotiate pricing only if the above checks out - use autotrader/kijiji as a decent guide to avg out if the asking price is fair or not.
- gta isnt always the easiest to score the best deal on a used car, but 100+km out there are ALOT less cash buyers for good quality under driven cars - expand your search parameters.
based on your criteria, with patience you should be able to get a decent camry/corolla about 10 years+ in age that should last you a reasonable amount of years with reasonable/typical maintenance required.
thanks for all the comments and feedback. im not nor have i ever been in the financial position to purchase new and even if i were, as mentioned the initial depreciation on the purchase makes it a bad investment. even certified pre owned cars are for the most part are at least 10-15,000. generally speaking my budget for a used car is $5000. i am well aware that for that price i am not going to find an amazing vehicle that is going to last 10 years problem free. i get that and i try and be realistic. what i do expect from a vehicle at that price point is to be able to at least get a years worth of driving out of it without needing to make any major repairs($500 and up). in the past, before this current streak of bad vehicles and major repairs i had no problems buying winter beater type vehicles for $1000-2000 with lots of life left in them. with inflation, over time i have increased my budget accordingly up to $5000. am i really that out of touch with reality?